Bright Horizons Family Solutions Announces Pricing of Secondary Offering

WATERTOWN, Mass., March 26, 2014 /PRNewswire/ -- Bright Horizons Family Solutions Inc. (NYSE: BFAM) (the "Company") today announced the pricing of the previously announced underwritten public offering by certain of its stockholders (the "Selling Stockholders") of 7,000,000 shares of its common stock at a price to the public of $36.75 per share.  The underwriters have been granted a 30 day option to purchase up to an additional 1,050,000 shares from the selling stockholders.  The selling stockholders will receive all of the net proceeds from this offering.  No shares are being sold by the Company.

Goldman, Sachs & Co. and Barclays Capital Inc. are acting as underwriters for the offering.

The offering is being made pursuant to an effective registration statement filed by the Company with the Securities and Exchange Commission ("SEC").  Before you invest, you should read the prospectus included in that registration statement, together with the related prospectus supplement, and the documents incorporated by reference in that registration statement.  You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov.  When available, copies of the prospectus supplement and accompanying prospectus related to the offering may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316, or by emailing [email protected]; or from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-888-603-5847, or by e-mailing [email protected].

About Bright Horizons Family Solutions Inc.

Bright Horizons Family Solutions® is a leading provider of high-quality child care, early education and other services designed to help employers and families better address the challenges of work and life. The Company provides center-based full service child care, back-up dependent care and educational advisory services to more than 900 clients across the United States, the United Kingdom, Ireland, the Netherlands, Canada and India, including more than 130 FORTUNE 500 companies and 80 of Working Mother magazine's 2013 "100 Best Companies for Working Mothers".  Bright Horizons is headquartered in Watertown, MA.

Forward-Looking Statement

This press release includes statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements." These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "believes," "expects," "may," "will," "should," "seeks," "projects," "approximately," "intends," "plans," "estimates" or "anticipates," or, in each case, their negatives or other variations or comparable terminology. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future, including risks and uncertainties relating to the consummation of the proposed offering by the Selling Stockholders and the risks identified, or incorporated by reference, in the prospectus supplement or accompanying prospectus.

SOURCE Bright Horizons Family Solutions

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